As 2025 unfolds, concerns about a potential U.S. recession, widespread layoffs, and individual income prospects are at the forefront. Economists offer varied insights into these pressing issues.
What is the Possibility of Recession in US in 2025?
The likelihood of a U.S. recession in 2025 remains a topic of debate among experts. The Conference Board anticipates a 2.0% growth in U.S. real GDP for 2025, suggesting a slowdown but not a full-blown recession.
However, BCA Research predicts that both the U.S. and Canadian economies will enter a recession in 2025.
Income Growth Projections in 2025